Abans Finance Private Limited Company Logo

Abans Finance Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 | Mumbai, Maharashtra, India | Active
Last Updated:

About Abans Finance Private Limited

Abans Finance Private Limited, a active private limited company, was established on 11 January 1995 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U51219MH1995PTC231627. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹163.50 Cr and a paid-up capital of ₹34.47 Cr.

Formerly known as Sofed Comtrade Pvt.Ltd, Sofed Comtrade Ltd.. It upholds a compliant status. Employing 46 professional, Its leadership includes Kumud Chandra Paricha Patnaik (Director), Ashima Chhatwal (Director), Mahesh Kumar Cheruveedu (Ceo). Past directors included Srinivasan Nadathur, Shrinath Chaturvedi, Shriyam Abhishek Bansal. It holds ₹201.19 Cr open charges and ₹16.55 Cr settled loans. Its latest AGM occurred on 18 August 2025, with the balance sheet filed on 31 March 2025. It is based at Offices No. 36, 37, 38A, 3Rd Floor, Nariman Bhavan,, 227, Backbay Reclamation, Nariman Point, Mumbai 400021., Mumbai, Maharashtra, 400021.

Company Details

  • CIN/LLPIN

    U51219MH1995PTC231627

  • Registration Number

    231627

  • Incorporation Date

    11 January 1995

  • Authorized Capital

    ₹163.50 Cr

  • Paid-Up Capital

    ₹34.47 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 163.50 Cr
  • Paid Up Capital ₹ 34.47 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 201.19 Cr
  • Satisfied Charges ₹ 16.55 Cr
  • Revenue Growth -29.17%
  • Profit Growth 80.98%
  • Ebitda 41.28%
  • Net Worth 41.43%
  • Total Assets 148.71%
Company report

Abans Finance Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Abans Finance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Abans Finance Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Kumud Chandra Paricha PatnaikDirector01 Nov 2023Current
Ashima ChhatwalDirector03 Sep 2021Current
Mahesh Kumar CheruveeduCeo20 Feb 2020Current
Shivshankar SinghDirector03 Sep 2021Current
Abhishek Pradeepkumar BansalDirector14 Aug 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector03 Dec 2014Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector01 Apr 2021Past
Pramod AbcsddDirector26 Sep 2008Past
Pramod AbcsddDirector14 Feb 2022Past
Pramod AbcsddCfo(Kmp)-Past

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Financial Performance of Abans Finance.

Abans Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.17% decrease. The company also saw a substantial improvement in profitability, with a 80.98% increase in profit. The company's net worth Soared by an impressive increase of 41.43%.

Abans Finance revenue growth over time
Abans Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-29.17%
Revenue from Operations
-29.17%
Total Assets
148.71%
Profit or Loss
80.98%
Net Worth
41.43%
EBITDA
41.28%

What is the Ownership and Shareholding Structure of Abans Finance?

In 2023, Abans Finance had a promoter holding of 94.00% and a public holding of 6.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,011,900,000.00

Satisfied Charges

₹165,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 199.90 Cr
  • Hdfc Bank Limited : 1.29 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2024Hdfc Bank Limited₹1.29 CrOpen
31 Jan 2024Others₹100.00 CrOpen
07 Oct 2019Others₹99.90 CrOpen
04 Feb 2022Others₹1.90 CrSatisfied
24 Jul 2020Others₹1.40 CrSatisfied

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How Many Employees Work at Abans Finance?

Abans Finance has a workforce of 46 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Abans Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abans Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abans Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abans Finance

Recent Activity within the Organization

  • Annual General Meeting

    Abans Finance Private Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Sneha Sanjeeva Kotian was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2025 & has been associated with this company since 7 months 17 days . was completed.

  • Balance Sheet

    Abans Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 04 Feb 2022 via Charge ID 100541978 with Others was fully satisfied on 03 Feb 2025. was documented.

  • Charges

    The activity A charge with Others of Rs. 99.90 Cr registered on 07 Oct 2019 with Charge ID 100308240 was modified on 03 Feb 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.29 Cr with Charge ID 100943621 was registered on 29 May 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Abans Finance Private Limited?

    The CIN of Abans Finance Private Limited is U51219MH1995PTC231627.

  • Where is Abans Finance Private Limited headquartered?

    Abans Finance Private Limited is headquartered at Offices No. 36, 37, 38A, 3Rd Floor, Nariman Bhavan,, 227, Backbay Reclamation, Nariman Point, Mumbai 400021., Mumbai, Maharashtra, 400021.

  • When was Abans Finance Private Limited incorporated?

    Abans Finance Private Limited was incorporated on 11 January 1995.

  • Who are the current directors of Abans Finance Private Limited?

    The current directors of Abans Finance Private Limited are

  • What is the primary industry of Abans Finance Private Limited?

    The primary industry of Abans Finance Private Limited is Financial And Insurance Service.

  • Is Abans Finance Private Limited a listed company?

    Abans Finance Private Limited is unlisted.

  • What is the capital structure of Abans Finance Private Limited?

    The authorized capital of Abans Finance Private Limited is ₹163.50 Cr, and the paid-up capital is ₹34.47 Cr.

  • What is the compliance status of Abans Finance Private Limited?

    The compliance status of Abans Finance Private Limited is Compliant.

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